Global Mofy AI Limited announced on April 22, 2025, the successful closing of its previously announced private placement financing. The company received gross proceeds of approximately $4 million from the offering.
In connection with the closing, Global Mofy issued an aggregate of 2,030,460 Class A ordinary shares and 2,030,460 warrants. Each warrant is exercisable upon issuance at an initial price of $2.36 per share and will expire five years from the issuance date.
The net proceeds from this financing are expected to be used for general corporate purposes, including working capital, product development, and continued investment in the company’s AI-powered platforms, such as its newly launched Gauss AI Lab.
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